Clean Energy to Repurchase Up to $30 Million of Stock
Clean Energy Fuels Corp. (CLNE)
Last clean energy fuels corp. earnings: 11/12 08:00 am
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US:NASDAQ Investor Relations:
investors.cleanenergyfuels.com
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Source: Business Wire
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (CLNE) today announced that its Board of Directors has approved a share repurchase program for up to $30 million of the Company’s common stock with a prearranged stock repurchase plan under Rule 10b5-1 of the Securities Exchange Act of 1934 (“10b5-1 Plan”).The Company has delivered continuous and sustainable improvements to its operating and fiscal management, resulting in a dramatically enhanced balance sheet.“Our decision to launch a stock repurchase program reflects the confidence that we have in the company’s current financial stability and our potential for future growth,” said Andrew J. Littlefair, Clean Energy president and CEO. “We have a great team that is working hard every day to further expand the use of our Redeem™ renewable fuel to fleets across the country. Redeem grew by 30% in 2019, and as we indicated in our latest earnings report this week, we anticipate that the acceptance of the ultra-clean fuel
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CLNE
News
- Clean Energy Fuels Corp. (NASDAQ: CLNE) had its price target lowered by analysts at Piper Sandler from $7.00 to $4.00. They now have an "overweight" rating on the stock.MarketBeat
- Clean Energy to Report First Quarter 2024 Financial Results on May 9; Conference Call to Follow at 1:30 p.m. Pacific TimeBusiness Wire
- Clean Energy Fuels Corp. (NASDAQ: CLNE) had its price target lowered by analysts at Scotiabank from $6.00 to $5.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Clean Energy Fuels Corp. (NASDAQ: CLNE) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Clean Energy Fuels (NASDAQ:CLNE) investors are sitting on a loss of 78% if they invested three years ago [Yahoo! Finance]Yahoo! Finance
CLNE
Earnings
- 2/27/24 - Beat
CLNE
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- CLNE's page on the SEC website